Source: SOLUSD Chart by TradingView
Solana is a single-chain, delegated-proof-of-stake protocol whose focus is on delivering scalability without sacrificing decentralization or security.
Core to Solana’s scaling solution is a decentralized clock titled Proof-of-History (PoH), built to solve the problem of time in distributed networks where there is not a single, trusted, source of time. By using Verifiable Delay Functions, PoH allows each node to locally generate timestamps with SHA256 computations. This eliminates the need for the broadcasts of timestamps accross the network, improving overall network efficiency.
CryptoSlate Daily wMarket Update – Oct. 3: Ethereum, Solana lead top 10 crypto gains as market turns green
The wMarket Update condenses the most important price movements in the crypto markets over the last 24 hours, published 08:00 UTC on weekdays.
Ethereum losing ground as Solana now accounts for a quarter of total NFT volume
Against a backdrop of dwindling NFT sales and buyers, Solana is making waves in terms of stealing Ethereum's NFT marketshare.
Helium community votes to migrate to Solana, scores new T-Mobile partnership
The Helium Mobile project would be targeted at dead 5G spots in the U.S. for the wireless network users.
Algorand throws hat in ring as Helium community begins vote on Solana migration
Available information shows that Helium developers considered other blockchains like Polkadot, Ethereum, Polygon, Avalanche, and Algorand before settling for Solana.
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